Pakistan receives $700m tranche from IMF as UAE rolls over $2b loan
Pakistan on Thursday received $700 million from the International Monetary Fund (IMF) as part of its bailout programme, the State...
Stories
Govt decides to set up renewable energy plants
After failing to attract bids from investors for installing 600 MW solar power plants, the government has decided to set...
LESCO detected 44,729 power pilferers
The Lahore Electric Supply Company (LESCO) detected a total of 44,729 connections from where consumers were pilfering electricity in all...
Circular debt reaches Rs5.73tr
Despite constant increases in electricity and gas prices, Pakistan’s energy sector circular debt has spiralled alarmingly to a record Rs5.73...
New Pak-China air cargo route launched
Pakistan Ambassador to China, Khalil Hashmi, said that the new cargo route between Pakistan and China is an important driver...
Govts urged to rein in ‘billionaire class’
The combined fortunes of the world’s five richest men have more than doubled to $869 billion since 2020 while five...
Foreign investors seek stable environment
Foreign investors, who already have high stakes in Pakistan, are waiting for economic and political stability, therefore, the government must...
PM Kakar to invite global funding under SIFC at Davos
On the sidelines of the 54th annual meeting of the World Economic Forum (WEF) being held in Switzerland, caretaker Prime...
Focus on cooperation with Russia: Work begins on 13th 5-year energy plan
Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has commenced working on development of 13th Five-Year Energy Plan, which...
